The City Council’s committee on public property will discuss the future of the former Walker School building on Berkley Street on Tuesday night.

The committee is scheduled to meet with Building Department Superintendent Wayne Walkden and Dean Harrison, executive director of The Neighborhood Corporation.

The TNC in 2012 collaborated with another non-profit, Taunton’s Business Improvement District and its affiliate, the Downtown Taunton Foundation, to convert a former Trescott Street furniture warehouse into mixed-use apartments and art and office space.

The TNC in February tendered an offer of $75,000 to buy the vacant and decaying, former elementary school.

Walkden said the TNC has plans to convert the school building into 15 apartments.

“It’s a valid proposal considering the condition of the building,” Walkden said.

He also said the $75,000 offer is fair, even though the building has been appraised at $1 million.

“The cost for us to renovate it would be very high,” said Walkden, who noted that studies indicate comparable public properties often sit on the market “for several years.”

“It’s a liability to the city,” in terms of vandalism and arson, he added.

Walkden said of the four entities receiving request for proposal packages, the TNC was the only one that responded.

Dean Harrison did not immediately reply to a request for comment.

Walkden said the TNC already has received certification from the state’s historic commission that should facilitate its effort to qualify for tax credits.

He also said the concept to convert the building into apartments had been endorsed by state Rep. Patricia Haddad, D-Somerset, Taunton economic and community development director Kevin Shea and BID manager Teri Bernert.

“I think it’s a great opportunity for the city to clean up a blighted property and get it back on the tax rolls,” Walkden said. “Now it’s up to the council to decide.”